A loan of $1,350 helped to buy more fertilizers and quality seeds.

Peruth's story

Peruth is 60 years old. She is married and has one child who is 19. She has been a farmer for the past 30 years. With the loan, she would like to buy more fertilizers and quality seeds for use in the production of potatoes. The profits from the potatoes will be used to provide food and all basic needs for the family.

The agriculture sector accounts for 37% of Rwanda's gross domestic product, generates 65% of Rwanda's export revenue, and employs approximately 90% of Rwandans (as of 2009). Despite the importance of agriculture to Rwandans and their economy, financial institutions view lending to fund agricultural activities as a high-risk proposition because the profitability of these activities is affected by weather, natural disasters, and price fluctuations. For this reason, farmers in Rwanda remain underserved by financial institutions. Urwego Opportunity Bank is expanding into this market and is happy to provide Kiva lenders with the opportunity to support Rwandan farmers.

Loan details

Lenders and lending teams

Loan details